Check out this curated selection of new stories featuring New York Life and our people:  
 

7/05/22
Debugger Medium

Social Impact Heroes: Why & How Sallie Lynch of Tuesday's Children Is Helping To Change Our World

""...Sally Lynch has secured significant institutional funding for expansive projects to address traumatic loss and build community resilience, including recent multiyear grants from the Department of Homeland Security, the New York Life Foundation and the Brave of Heart Fund in response to terrorism and targeted violence and the COVID-19 pandemic..."

7/03/22
CNN

Healthcare stocks may keep your portfolio from needing a checkup

"...Lauren Goodwin, an economist and portfolio strategist at New York Life Investments, added in a report that 'as long as economic growth remains in flux,' investors should stick with quality stocks with 'a defensive bent.' She specifically cited healthcare, as well as utilities and real estate, two other sectors known for big dividends..."

6/27/22
Insurance Investor

How insurance investors can tackle ESG data and reporting challenges

Kroum Sourov, ESG Sovereign Investments & Research at Candriam, explores how insurance investors can find commonality in ESG data reporting

6/24/22
Think Advisor

Warn Clients About Long-Term Care Costs Early: Jeff Beligotti

New York Life has managed to stay in the LTCI market during a period when low returns on investment portfolios, soft sales, and problems with forecasting policyholder behavior have chased many competitors away.

6/23/22
Kiplinger

Stock Market Today: Market Moves Mostly Sideways in Quiet Session

"This week is a relatively slow one for economic data," says Lauren Goodwin, economist and portfolio strategist at New York Life Investments, "but we expect market volatility to continue as investors wait for signs that inflation and interest rates will stabilize."

6/20/22
National Review

Inflation, and America's Mood, Are Likely to Be Worse By November

...What's more, one-third of consumers are putting less money into their emergency fund, according to a report from New York Life Insurance, with the average monthly contribution falling by $243...

6/16/22
Human Resources Director

100 remote-working LGBTQ companies that are driving real change

Working flexibility isn’t just a nice perk anymore, it’s an employee demand – as is a commitment to diversity and LGBTQ. In honor of Pride Month, FlexJobs uncovered the top 100 remote-working companies that’re authentically committed to supporting LGBTQ employees and New  York Life was featured on the list.

6/14/22
ETF Prime podcast

New York Life’s Wendy Wong on Dual Impact ETFs

Wendy Wong, Head of Sustainable Investment Partnerships at New York Life Investments, spotlights their IQ Dual Impact Suite of ETFs and outlines the case for sustainable investing.

6/14/22
Insure.com

Father’s Day Index 2022: Dad’s salary continues to increase

It’s never too soon to think about life insurance, says Amanda Kuhl, vice president and actuary, life products, at New York Life. “However, big life events like getting married, buying a home, having children, or changing professions are common moments for fathers to consider life insurance,” Kuhl says.

Winter/Spring  2022
Hispanic Career World

Spotlight on Veterans: Leveraging Post-Military Success

U.S. Air Force (USAF) veteran Franklin Asenjo, Jr. is corporate vice president, network architect, and engineering team at New York Life, and the lead network transport architect responsible for the company’s data center, cloud computing, and enterprise network services. “Developing the architectural frameworks, standards, designs and implementation plans for two next-generation data centers as part of that company’s consolidation efforts - combining 40 smaller regional mainframe data centers into two centralized facilities - provided me with a solid foundation on which to build my current technological architectural practice,” Frank states.

6/13/22
DataFramed Podcast

Building a Holistic Data Science Function at New York Life Insurance

"...When many people talk about leading effective Data Science teams in large organizations, it’s easy for them to forget how much effort, intentionality, vision, and leadership are involved in the process. Glenn Hofmann, Chief Analytics Officer at New York Life Insurance, is no stranger to that work. With over 20 years of global leadership experience in data, analytics, and AI that spans the US, Germany, and South Africa, Glenn knows firsthand what it takes to build an effective data science function within a large organization. In this episode, we talk about how he built New York Life Insurance’s 50-person data science and AI function, how they utilize skillsets to offer different career paths for data scientists, building relationships across the organization, and so much more..."

6/8/22
Savoy Network

New York Life Appoints Wykeeta Peel to Lead African American Market Unit

"...'The AAMU continues to play a major role in the success and growth of New York Life's field force,' said Mark Madgett, New York Life's Head of Agency. 'Building on the AAMU's momentum is vital and in Wykeeta we have a proven leader who has a keen understanding of the financial issues most relevant to the Black community. She also brings insights gained from her work as a core member of our Social Justice Steering Committee over the past 18 mo.

6/8/22
Bloomberg

Traditional risk-off stategies can drag on portfolios during inflationary periods: Strategist.

Lauren Goodwin, portfolio strategist at New York Life Investments, joins BNN Bloomberg to share her portfolio strategy amid runaway inflation and slowing economic growth. Goodwin notes traditional risk-off plays like cash and core bonds are not valuable when inflation remains high and recession risk low in the short term. She likes defensive sectors like healthcare, utilities and infrastructure.

6/7/22
CBS News

What is a Roth IRA, and how does it work?

"...Preparing for a successful retirement can be a decades-long effort - and it's not always an easy one, either. In a recent survey by New York Life, just 31% of U.S. adults reported feeling confident that their retirement savings will last the rest of their life..."

6/1/22
Philanthropy New York

The New York Life Foundation provides a $2m boost for students attending two prominent Historically Black Universities.

"...Heather Nesle, President of the New York Life Foundation, said: 'This partnership aligns with our efforts to support educational enhancement opportunities for diverse students and bereavement support for school communities. Our intention with this funding is to create brighter futures for these students and for generations to come.'..."

5/30/22
The Motley Fool

Only 31% of U.S. Adults Are Confident Their Retirement Savings Will Last

"...But in a recent New York Life survey, only 31% of respondents said they're very confident that their savings will last throughout retirement. Worse yet, only 21% of baby boomers expressed a lot of confidence in their savings lasting." 

5/26/22
Insurance Innovation Reporter’s “Life Accelerated” podcast
Why Data Is the North Star at New York Life

"...It would be hard to find a more authoritative speaker on strategy than Alex Cook, given his career experience and the range of his responsibilities. I found myself reflecting on his reference to the innovator's dilemma, where the habits of success can leave a company defenseless to technology disruptors. That's not the case at New York Life, which strikes a carefully calibrated balance between the tried and true and the innovative." 

5/20/22
CNBC

Emergency savings take a hit as households adjust their finances amid high inflation, study shows

 “While it is concerning that the increased costs of everyday goods and regular expenses may deflate a necessary financial cushion, this environment means households are making calculated decisions about how to adjust their financial strategy in the way that makes the most sense for them,' said Dylan Huang, head of Retirement & Wealth Management Solutions for New York Life."

5/19/22
Digital Insurance

Nine insurers make Forbes’ Best Employers for Diversity list

 “New York Life’s commitment to diversity, equity and inclusion is ingrained in who we are and how we operate… This commitment is core to the company."

5/13/22
Mental Health America

Mental Health America receives $500K grant from the Brave of Heart Fund to address emotional well-being of health care workers

“MHA is thrilled to work on such an important project,” said Schroeder Stribling, president and CEO of Mental Health America. “Our health care workers have been under considerable strain and stress for decades; the COVID-19 pandemic pushed that stress to unsustainable levels. 

5/5/22
Bloomberg

Investors Discuss How ESG Changes Capital Markets: ESG Update

Naim Abou-Jaoude, the CEO of Candriam, said that “companies embedding ESG are creating long-term value.”  Candriam also considers so-called double materiality in its models, Abou-Jaoude said, meaning it looks not only at how ESG risk affects assets, but how an asset impacts its environment. 

5/4/22
Diversity Journal

Victor Verastegui was named a Latino Leader Worth Watching for 2022

“Help the next generation of leaders reach their 'dare to dream potential” - Victor Verastegui.

4/24/22
The74million.org

The Children Left Behind By 1 Million U.S. COVID Deaths

One positive result that has come of the pandemic, said the expert, is that far more educators have become attuned to the needs of grieving students. In a 2020 survey conducted by the New York Life Foundation and the American Federation of Teachers, three-quarters of educators reported that COVID has opened their eyes to the immense impact of grief and loss.

4/22/22
Senior Executive
Insight from New York Life's 15-Year-Old Diversity and Inclusion Commitment

“We formed our Office of Diversity and Inclusion in 2006. And I am the company’s fourth chief diversity officer,” says Kathleen Navarro. In addition to running the company’s diversity initiative, Navarro is also the insurer’s head of talent management. “It’s embedded in our leadership profile,” Navarro says of D&I. “It’s core to everything we do.”

4/21/22
BNN Bloomberg
Companies' ability to pass on higher prices to consumers won't last forever: Strategist

Lauren Goodwin, portfolio strategist at New York Life Investments, joins BNN Bloomberg to discuss markets as U.S. airlines beat earnings estimates. Goodwin notes that despite higher prices, people are eager to travel. However, she warns that it will be impossible for any company to continue passing the burden of inflation to consumers.

4/20/22
Think Avisor
Onetime Summer Intern Takes Over as New York Life CEO

"Our historic period of growth under Ted's (Mathas) leadership capitalized on our mutuality, superior financial strength, unrivaled career agency system and our outstanding, diverse team of dedicated agents and employees" - Craig L. DeSanto,  CEO,  New York LIife.

4/15/22
The Street
Digital Solutions & Human Guidance: Have Your Cake and Eat It, Too

While the draw of robo advisers can be alluring, there are some things that an app simply can’t do. So, how do you know when to turn to a robo-solution compared to live, human guidance from a trained and qualified expert? This is a great opportunity to balance the best of both worlds. - Dylan Huang,Senior Vice President and Head of Retirement and Wealth Management Solutions.

4/13/22
Barrons
Should You Buy the New Annuities in Your 401(k)? What to Consider

These insurance contracts that promise lifetime income have been cropping up alongside and within conventional funds in employee retirement plans since 2019, when legislation known as the Secure Act passed. They are meant to help employees in 401(k) and 403(b) plans achieve the stable returns of traditional pensions—and address the persistent fear that Americans will run out of income in retirement. (registration required)

4/12/22
Education Week
Students Need More Support From Schools When a Caregiver Dies

The New York Life Foundation, which tracks child bereavement through a partnership with Judi’s House/JAG Institute, found that after the first year of the pandemic, the number of children who lost a parent or sibling before age 18 jumped from 1 in 14 to 1 in 13.

4/7/22
Plan Sponsor
Investment Product and Service Launches: Apogem

New York Life Investments has announced Apogem Capital as the new brand for its dedicated private markets alternatives boutique, bringing together the capabilities and investment teams of GoldPoint Partners, Madison Capital Funding and PA Capital. 

3/4/2022
CNBC
Dow futures drop 300 points as investors weigh Ukraine developments, await key jobs report

"...'I think because we saw Powell say, uncharacteristically frankly, specifically say that he planned to support a 25-basis point hike, that speculative thinking may be a little bit more anchored at a 25-basis point hike even if we do see a stronger-than-expected report tomorrow,' said Lauren Goodwin, economist and portfolio strategist at New York Life Investments..."

2/23/2022
Washington Post
Dow drops 465 points, S&P 500 slides deeper into correction territory

Lauren Goodwin, director of portfolio strategy at New York Life Investments, said major external events such as the crisis in Ukraine tend to 'reinforce preexisting trends' more than they change the tenor of the market.

2/22/2022
REBusiness Online
New York Life Provides $55M Permanent Loan for Industrial Property in Stratford, Connecticut

New York Life Real Estate Investors has provided a $55 million permanent loan for an industrial property in Stratford, located in the southern coastal part of the state, that is leased to FedEx.

2/21/2022
MarketWatch
Will Fed rate hikes crush the stock market? Here's why speed matters

"The market's pricing of an aggressive rate-hike scenario appears reasonable given the inflation picture," said Lauren Goodwin, economist and portfolio strategist at New York Life Investments.

2/10/2022
Debt.com
Financial Damage From COVID Is a Wake-Up Call for Younger Americans

'We see younger generations are beginning to understand the importance of building a sound financial strategy early,' said Aaron Ball, a New York Life VP. 'Even if they don't know exactly where to start, the new year provides an opportunity to revisit their goals and priorities.'

2/10/2022
BnnBloomberg.com
 U.S. CPI data shows inflationary pressures are broadening: Strategist

Lauren Goodwin, portfolio strategist at New York Life Investments, joins BNN Bloomberg to discuss CPI data out of the U.S.  She notes the main contributors to the hotter than expected numbers were electricity, shelter and food. 

12/09/2021
New York Times
Children, Coping With Loss, Are Pandemic’s ‘Forgotten Grievers’

Both are funded by the New York Life Foundation, which also backs the Covid Collaborative and has created a website, grievingstudents.org, to provide information for educators as part of its “grief-sensitive schools” initiative, which predates the pandemic. The vice president of the foundation, Maria Collins, says many of its programs have waiting lists.

“It’s known in this field that the young person is the forgotten griever,” she said, adding that the foundation was open to working with the federal government and would be “eager to provide tangible support, financial and otherwise, for Covid-bereaved children.” (subscription required)

11/12/2021
Wall Street Journal
Chairman and CEO Ted Mathas speaks to The Wall Street Journal

Mathas explains how New York Life offers a wide range of services and support to help its agency force succeed. He also discusses how people are re-evaluating what they want to do with their lives due to the pandemic and looking for careers that have greater purpose—which aligns with the role of life insurance professionals who deliver financial peace of mind to people in communities across America.

3/9/2021
NYL Investors

Martin King shares his journey, passion, advice, and perspectives as he reflects on his career

“People are drawn to an organization that puts people first, and our clients and policy owners, they come first. If those things matter to you, then you’re attracted to New York Life, where values matter.”

Go back to our newsroom to read more stories.

 

Media contact
Jacqueline Meere
New York Life Insurance Company
(212) 576-5301
Jacqueline_Meere@newyorklife.com